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  • DSTi's Reporter changes efficiency equation for client reporting

DSTi's Reporter changes efficiency equation for client reporting

By DST International
London, 18 Mar 2009

DST International (DSTi), a leading provider of business solutions and services to the asset management sector, has launched a new Web-based automated client reporting system, Reporter.

DSTi has worked with top asset managers around the world for over 30 years, across the broadest spectrum of investment styles and products, and has drawn on this experience to deliver an end-to-end reporting solution that aims to meet and exceed the requirements of the most demanding investors.

Reporter has realised reductions of up to 80% in cost efficiency and threefold improvements in turnaround while delivering consistently high-quality output.

Reporter, which is powered by Kurtosys technology and delivered as a managed service, will help clients to significantly reduce costs and implementation times, and to progress from engagement to production in as little as six to eight weeks.

The managed service is designed to provide a flexible state-of-the-art solution to meet the premier standards in hosting, security, and business continuity. Reporter has no anticipated barriers to expansion as the service easily scales to accommodate clients' expanding needs without an increase in their IT footprint.

DSTi has developed a comprehensive set of industry templates that underpin Reporter. These comprise hundreds of base-lined industry reports, best practice workflows and standardised data models to manage the entire client reporting process. Taking data in from multiple systems through to delivery via the Web, the solution is built on domain knowledge but also customisable to a client's unique needs. Reports are fully personalised and branded for the asset manager, which ensures consistency and provides differentiation in the marketplace, building and strengthening client relationships.

Tom Abraham, Chief Executive Officer of DSTi, said: “Client reporting is a high visibility action with a low efficiency equation. We are all too familiar with the issues and complexities our clients face in delivering reports, whether it is the cost of ownership, speed of turnaround and inflexibility or reports that simply do not reflect the quality and image of their organisation. Reporter brings together DSTi's global scale and stability with Kurtosys' 'best-of-breed' reporting platform. We believe that Reporter will not only increase efficiencies and reduce costs, but also deliver to clients a significant competitive advantage through the ability to customise and brand reports so that they become an integral part of the client management process.”

DSTi and Kurtosys already have mutual clients, such as Stanlib, which uses DSTi's HiPortfolio Investment Accounting Application and the Kurtosys platform to produce monthly and quarterly reports. At Stanlib, this implementation has significantly increased report collation productivity and reduced reporting process cycles.

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DST International (DSTi)

With 21 offices and over 1 600 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and business process management software solutions and related services to 700 clients across 55 countries. http://www.dstinternational.com

Stanlib

STANLIB has over 400 000 individuals as clients and also manages assets on behalf of Liberty Life policyholders and a growing number of third-parties, including government related, parastatal and corporate pension funds, as well as provincial governments, municipalities and medical aid schemes. Today, STANLIB manages over R299 billion (31/12/2008) of assets, making it the largest manager of investments in South Africa. http://www.Stanlib.com

Kurtosys

With offices in New York and London and customers in the US, UK, Switzerland, South Africa and Australia, Kurtosys provides an end-to-end solution for data aggregation, business workflow, report creation and client reporting through secure Web portals. http://www.Kurtosys.com

DST Systems

DST Systems provides sophisticated information processing and computer software products and services to support the mutual fund, investment management, insurance and healthcare industries. In addition to technology products and services, DST provides integrated print and electronic statement and billing output solutions through a wholly owned subsidiary. DST's world-class data centres provide technology infrastructure support for mutual fund companies, healthcare providers, banks, mortgage bankers and insurance companies around the globe. DST is headquartered in Kansas City, Missouri, and is a publicly traded company on the New York Stock Exchange.

The information and comments in this press release may include forward-looking statements respecting DST Systems and its businesses. Such information and comments are based on DST Systems' views as of today, and actual actions or results could differ. There could be a number of factors, risks, uncertainties or contingencies that could affect future actions or results, including but not limited to those set forth in DST Systems' periodic reports (Form 10-K or 10-Q) filed from time to time with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking statements. The company will not update any forward-looking statements in this press release to reflect future events.

Editorial contacts

Angela Robertshaw
DST International
(+440) 20 8339 5574
Angela.robertshaw@dstintl.com